If you're not happy with the results, please do another search.
Search results: Diamond Prices
Diamond Prices Fall to Multi-Year Lows Amid Industry Disruptions: McKinsey & Co
After experiencing a surge during the pandemic, diamond prices have now plummeted to multi-year lows, signalling a significant shift in the market. A recent report from McKinsey & Co. attributes this downturn to several factors, including...
De Beers raises diamond prices to the highest in years
De Beers implemented its biggest price increase for diamonds in years as the industry starts bouncing back from the pandemic-induced shutdown.
The world’s biggest diamond producer raised prices by about 5% at its first sale of the...
De Beers cuts diamond prices after covid-19 curbs demand
De Beers has finally decided to cut the price of its diamonds in a bid to spark sales after the coronavirus pandemic paralyzed the industry.De Beers, the world’s no. 1 producer, told customers that it is...
Petra Diamonds appoints new CEO, share prices rises
African miner Petra Diamonds named a new chief executive on Monday as it works to cut debt and generate free cash flow after first-half core earnings were hit by lower diamond prices.The news helped lift its...
Anjin Diamonds Targets 1 Million Carats Amid Challenges
Chinese diamond mining company Anjin Investments, operating in Zimbabwe’s Chiadzwa diamond fields, has set an ambitious target of producing 1 million carats in 2025, Mining Zimbabwe can report.By Rudairo MapurangaThis target comes after a challenging year...
Ncube Projects 5.6% Growth for Mining Sector on the Back of Improved Commodity Prices
Zimbabwe's 2025 National Budget, presented by Finance and Investment Promotion Minister Mthuli Ncube, projects a 5.6% growth in the mining sector, driven by an anticipated surge in global commodity prices.By Ryan ChigocheThis marks a sharp recovery...
Murowa Diamond Production Up Slightly, but Challenges Remain
RioZim’s diamond associate, RZM Murowa, recorded a slight increase in diamond production during the first half of 2024, although profitability remained under pressure due to a downturn in global diamond prices, Mining Zimbabwe reports.By Rudairo MapurangaAccording...
It’s Over for Lab-Grown Diamonds as De Beers Ditches Man-Made Stones
De Beers has unveiled a comprehensive five-year strategy to reposition itself as the top luxury jewellery group.While the company already sells diamond jewellery through its global network of boutiques, CEO Al Cook plans to significantly expand...
PGM Future, Softening Prices, Resource Depletion, and Industrialization Highlighted at PGM Indaba
The afternoon session of the Chamber of Mines of Zimbabwe's Annual General Meeting (AGM) 2024 witnessed a robust discussion on the future of the platinum group metals (PGM) industry.Leading the plenary on "Update of PGMs Operations...
Zimbabwe shifts diamond sales to Dubai
Zimbabwe’s biggest diamond producer has shifted almost all of its sales to Dubai, targeting cutters, polishers and traders and eliminating middlemen.
Zimbabwe Consolidated Diamond Co. has auctioned 4-million carats of stones so far this year in the...
Angola recovers a 160 carat diamond
Lucapa Diamond and its partners, Endiama and Rosas & Petalas have announced the recovery of a 160-carat white Type IIa diamond by Sociedade Mineira Do Lulo.The 160-carat diamond is the 28th +100 carat diamond recovered at...
Alrosa quietly revives diamond exports
The panic that gripped the diamond world this year is starting to unwind as sanctioned Russian mining giant Alrosa PJSC has quietly revived exports to near pre-war levels, Bloomberg has reported.Alrosa accounts for about a third...
Recent articles
